surseance UK /ˈsɜːsiəns/US /ˈsɜɹsiəns/ noun2 •The phase of reaching an agreement with the creditors of a bankrupt company. •(no longer used) peace (state of not fighting) or quiet (silence, or calmness)all preachers , especially such as be of good temper , and have wisdom with conscience, ought to inculcate and beat upon a peace, silence, and surseance — 1641 formssurseances